Maksons Spinning Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was BDT 1,286.18 million compared to BDT 1,819.93 million a year ago. Net loss was BDT 409.85 million compared to net income of BDT 195.78 million a year ago. Basic loss per share from continuing operations was BDT 1.72 compared to basic earnings per share from continuing operations of BDT 0.82 a year ago.
For the nine months, sales was BDT 3,614.37 million compared to BDT 5,150.58 million a year ago. Net loss was BDT 232.89 million compared to net income of BDT 615.85 million a year ago. Basic loss per share from continuing operations was BDT 0.98 compared to basic earnings per share from continuing operations of BDT 2.59 a year ago.